Professional Services

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Fixed price accounting and financial management for professional services firms.


Complex businesses have complex accounting structures and compliance standards. Managing this internally can be expensive, ineffective, and burdensome. Taking precious resources away from more value-adding business activities.


Aretex supports your business with effective and affordable industry-specific accounting, bookkeeping and financial oversight. Whether you’re an Accounting Practice, Fund Manager, Wealth and Financial Adviser, Brokerage, Law Firm, or Consulting Group, we have the people, processes, and technology to manage it most efficiently.

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Accounting Practices

Resourcing and training quality staff continues to be a major headache for accounting firms. Under resourcing takes more senior staff away from value adding activities and turnover requires constant internal retraining. With team augmentation and internal training specific to your technology stack and processes, ensure there's always trained resources available as needed.

Financial Services

Interest rates, inflation, market volatility, geo-political issues, and black swan events – your business has enough to contend with. Get actionable financial data, meet rigorous industry compliance standards, improve cost efficiencies, reduce risk, and access untapped expertise and advanced technology. All without having to increase headcount.

Consulting Groups

If anyone understands the value of outsourcing, it’s consultancies. Allowing your group to offload non-core business functions, provide clients with additional value-add services, meet stringent compliance requirements and deadlines, and scale operations more effectively. At a significantly lower cost than managing accounting and finance functions internally.

Our Services

Accounting and bookkeeping services for professional services businesses

Accounting + Bookkeeping

Get fast, affordable and effective accounting and bookkeeping team augmentation services, with a partner that operates as an extension of your existing team and scales with you. We can manage all internal processes, bookkeeping + payroll, accounts payable and receivables, on-time BAS lodgement, accounts reconciliation, partner distributions, superannuation payments, and year-end procedures. Freeing up internal resources to focus on your core business – supporting your high-value clientele.

Financial data management services for professional services businesses

Data Management Services

What gets measured, gets managed. Providing you with advanced analytics and reporting to deliver accurate, real-time financial information and support group performance benchmarking. Our cost-effective data management solution comprises strict data security protocols and proprietary technology integration, to focus on speed, accuracy, and safety.

Regulatory compliance and business intelligence for professional services businesses

Compliance + Business Intelligence

Proactive risk management and mitigation, regulatory compliance, real-time business intelligence, and comprehensive company secretarial management. Aretex offers compliance and business intelligence services that minimise your operating headaches and avoid costly financial penalties.

Case Study

Shift is a non-bank business lender. Offering a range of credit and payment products to provide financial certainty, so businesses can operate and grow.


Prior to Aretex coming on board, we were using a bookkeeper based out of New Zealand. The quality of work provided was inconsistent. It was incomplete, inaccurate and always delayed. If your bookkeeper or accountant doesn’t know your business inside out, that will be reflected in the accounts. And ours didn’t understand our business.


The problem with subpar bookkeeping is that we require data to produce the management accounts. The constant delays and inaccuracies caused bottlenecks and led to costly rework and poor reporting. There was also a tax agent that was GST and BAS compliance driven, whose data and reporting also didn’t align with the bookkeepers.


We sought external CFO advisory, who then appointed Aretex to handle all operational accounting and bookkeeping. Aretex offered a one-stop shop solution – bookkeeping, tax agent, payroll, accounts receivable and payable, reporting, the whole lot..

Shift are a non-bank lender that rely on the Aretex hybrid accounting model.

What we love about Aretex is their reliability. The work is completed on time, accurately and to the highest quality standards. With a single point of contact and access to an entire team’s capability and expertise, we don’t have to worry about who’s sick or hasn’t turned up for work today – the accounting is done. The alternative of building an in-house team in Sydney would impose significantly higher costs without any greater return on investment.


They’re also extremely adaptable. We’ve not used Xero in our business for some time now, instead opting for Technology One. Aretex went the extra mile of training their staff to be working exclusively for Shift on the Technology One platform. I’ve not found another provider that was prepared to do this for us.


Alvin Ah-Chok, Finance Director

Technology Partners

Our team can support your professional services business with expertise across many industry platforms - accelo, brokerengine, effi, hubspot, iress, leap, lexis nexis, monday.com, myob, technologyone, xero

Articles + Media

January 30, 2025
Some outsourced service providers are simply ticking boxes. You assign the task; they execute. Sure, the job gets done, but are they building greater efficiencies, improving legacy processes, or driving overall business growth? There is a clearcut difference between outsourcing, or offshoring, and employing a managed services provider (MSP). The latter provides all the features and benefits you’ve come to expect from traditional outsourcing models – cost savings, specialised knowledge and/or expertise, and freeing up internal resources – but the key difference is that it’s outcome driven. Managed Services typically refers to IT management. However, the model extends to other verticals, such as accounting and bookkeeping, financial management, business admin and other essential non-core business functions. In fact, the most effective solutions often provide some, or even all, of these services under the one banner. Creating a completely integrated eco-system that can remove single points of failure, scale up or down as you need them to, and provide access to real-time business data and intelligence. Here are the 9 most compelling reasons to consider a fully integrated managed services partner over a traditional outsourcing arrangement. Built-In Redundancy In business, the unexpected isn’t a question of if but when. A server might crash, a key employee could resign, or an accounting error might throw your financial reporting off track. The question is: how resilient is your business when these scenarios strike? This is where a managed services provider with integrated offerings like IT, accounting, and business administration can be your safety net. When you think of redundancy, you might imagine duplicating staff or systems, both of which are costly and often impractical. However, a Managed Services Provider has redundancy built into their structure. A multi-functional provider ensures these gaps are seamlessly covered. Their team of specialists work collaboratively across departments, so critical functions are never left unattended. No onboarding time, no productivity loss—just continuity when you need it most. Streamlined Communication A single provider simplifies the chaos with one point of contact. Allowing communication to become seamless, straightforward, and efficient. Whether you’re discussing a financial report, IT upgrade, or operational query, there’s no confusion about who to contact. When services are integrated, there’s less room for misinterpretation. Your integrated partner already understands the nuances of your business and ensures that all aspects – from tech support to financial management – are working in harmony. This results in fewer delays, better collaboration and improved business data and information. Cost Efficiency Managing multiple vendors means juggling contracts, invoices, and service-level agreements. Each vendor adds a layer of administrative complexity that eats into your team’s time and resources. With a single Managed Services Provider, these tasks are simplified – one contract, one invoice, and one point of contact. Leaving you with fewer headaches and more focus on what matters: running your business. Individual vendors often operate in silos, each offering their own pricing structure with little regard for how they align with your overall business goals. A consolidated MSP, on the other hand, bundles services into a cohesive package. Leveraging economies of scale and passing the savings onto you. Plus, you’re not just saving on the services themselves; you’re also cutting costs associated with onboarding, training, and ongoing management of multiple vendors. Holistic Approach When you work with a Managed Services Provider that handles multiple functions – like financial management, IT, and business administration – they don’t just manage tasks; they understand your business from every angle. They see the bigger picture, connecting the dots between departments that often work in silos. For example, your IT needs aren’t separate from your financial goals. A great MSP can implement tech solutions that reduce manual accounting errors or automate repetitive admin tasks, cutting costs and boosting efficiency. Their unique vantage point allows them to align strategies across all areas of your business, so everything works together seamlessly. Because an MSP knows your business so intimately, their advice isn’t one-size-fits-all – it’s tailored, actionable, and proactive. They can identify inefficiencies, recommend smarter solutions, and even foresee challenges before they arise. Growing and supporting your business with systems and strategies that are built for the journey. Enhanced Data Integration With consolidated services, your data stops living in silos. Financial data, IT metrics, and operational workflows feed into the same system, creating a unified data ecosystem. Synchronising in real-time across functions to reduce errors and inconsistencies that arise when data is passed between separate vendors. Imagine having your sales reports seamlessly linked with financial forecasts or IT usage data informing staffing decisions. A single provider ensures all your business data works together harmoniously. Good decisions require good data. A single outsourced partner brings with them standardised process and a single, integrated source of truth. Minimising discrepancies and ensuring your reports tell the true story of your business. With improved data integrity, your business can: Make better financial decisions Build stronger plans and strategy Spot trends earlier Identify cost-saving opportunities Track performance against KPIs with confidence Reduce Risk Different vendors handle key aspects of your business blurs the lines of responsibility. Who owns what? Who’s accountable when things go wrong? These gaps in responsibility are fertile ground for delays, errors, and inefficiencies. When there’s a single point of ownership for all managed functions, if an issue arises, there’s no passing the buck. Removing the ambiguity that often plagues multi-vendor setups. This also allows for greater customised risk mitigation strategies, such as robust data backup and disaster recovery plans, fraud detection measures for financial transactions, or automated systems to flag errors or discrepancies in real time. Enhanced Security Security breaches don’t discriminate—they target weak points, no matter how small. By consolidating your operations with a single managed services provider, you’re fortifying your defences with a unified, robust approach to data security. Unified Security Framework - Each provider may implement its own security measures, tools, and protocols. While individually strong, these measures often fail to align seamlessly, leaving gaps for cybercriminals to exploit. Centralised Monitoring & Threat Response – With centralised systems, a single provider monitors, detects, and neutralises threats across all functions. Minimising downtime and protecting sensitive information. Reduced Human Error – Working with multiple vendors increases the likelihood of human error, whether it’s mishandling credentials or failing to apply an important software patch. An MSP brings centralised control, ensuring that only authorised personnel can view, edit, or share sensitive data. In a world where one click can bring a business to its knees, strength lies in unity. Trust a single to close the gaps, protect your data, and let you focus on what truly matters: growing your business with confidence. Access to Specialised Expertise Running a business demands specialised skills, but hiring top-tier experts in every field can be costly and complex. A Managed Services Provider will simplify this by giving you access to a curated team of professionals in accounting, IT, financial management, and business administration – all under one roof. Working collaboratively to offer a cohesive, big-picture approach and a seamless partnership that delivers smarter, faster solutions. An MSP’s team stays ahead of industry trends and technology upgrades, ensuring your business benefits from cutting-edge innovations without extra effort. From AI-driven financial forecasting to robust IT security measures, they bring fresh ideas and tailored strategies to the table. And because they operate on a scalable model, you can adjust the level of support as your business evolves, avoiding the hassle of hiring and firing while keeping costs efficient. Ultimately, a single MSP delivers the expertise you need without compromise, combining flexibility, innovation, and cost-efficiency into one streamlined solution. With the right partner, you don’t just gain access to specialised knowledge – you unlock a strategic advantage that helps your business thrive. Innovation and Technology Upgrades Technology is evolving at warp speed and will only accelerate further with ongoing advances in AI and large language models (LLMs). Keeping your business ahead of the curve in this rapidly shifting environment will be no small feat. A multi-faceted Managed Services Provider offers seamless access to cutting-edge tools and innovations that drive outcomes. Reducing the noise of following the latest hot trend to deliver enterprise-grade technology tailored specifically to your business’s needs. Unlike reactive solutions that address problems after they arise, MSPs take a proactive approach. Continuously monitoring systems, upgrading tools as better options become available, and ensuring everything integrates smoothly across all operations. The result? A future-ready business with less downtime and more productivity. If your current outsourcing provider isn’t delivering what you need from them, or requires more resources to manage than they should, it might be time to consider a fully managed service partner. With a team of over 200 professionals locally and abroad, Aretex can assist your growing business with accounting and bookkeeping, IT implementation and support, financial management, business admin and data management. Acting as an extension to your existing team and scaling up or down to meet your business need. Get in touch
Business Lessons from acclaimed series - The Bear
January 5, 2025
The Bear might be about the chaotic world of running a struggling Chicago sandwich shop, but beneath the clatter of pans and the relentless cry of "Yes, Chef!" lie lessons that any business – whether a high-end fashion label, legacy law firm, or forward-thinking tech startup – can learn from. The show’s sharp storytelling doesn’t just capture the frenetic pace of kitchen life; it mirrors the challenges, failures, and triumphs of running a modern business. Here are 15 things The Bear teaches us about business and leadership. 1. Take Stock Before You Take Over Carmy’s arrival at The Original Beef of Chicagoland wasn’t a glorious takeover - it was triage. The books were a mess, debt was mounting, and systems were non-existent. Like any smart leader, he knew the first step was understanding the chaos. Businesses often inherit outdated systems or financial disarray, and the lesson here is to prioritise an audit of your processes, technology, and finances. For example, using a managed services provider to streamline your accounting and IT systems can turn chaos into clarity. 2. Build a Team That Believes in the Vision Carmy didn’t just need skilled cooks; he needed people willing to buy into his vision for something better. Similarly, businesses thrive when their teams aren’t just skilled but aligned with the company’s goals. Investing in staff development and clear communication, much like Sydney and Marcus’ culinary growth, can transform employees into advocates for change. 3. Systems Create Success (And Calm) The infamous “Brigade System” Carmy introduces to the kitchen isn’t just about discipline; it’s about efficiency and accountability. Businesses, especially SMBs, often operate with fragmented systems. Adopting robust IT infrastructure and implementing cohesive workflows ensures smoother operations. For instance, a managed IT service can centralise your tools, automate processes, and minimise downtime—allowing your team to focus on what they do best. 4. Embrace Digital Transformation, But Stay True to Your Roots The transition from "The Beef" to "The Bear" highlights the tension between tradition and innovation. Businesses face similar challenges when modernising. Integrating new technologies like cloud accounting or automated bookkeeping is essential, but the values that define your business shouldn’t get lost in the upgrade. 5. Know Your Numbers One of Carmy’s biggest battles was understanding how bad the financial situation really was. Many businesses operate without clear visibility into their financial health. Accurate bookkeeping, timely financial management, and transparent reporting are non-negotiables. A virtual CFO or managed financial service can provide actionable insights, ensuring your decisions are data-driven, not gut-based. 6. Your People Are Your Most Important Asset Richie may be a wildcard, but Carmy knows the value of loyalty and institutional knowledge. Investing in employees’ growth, offering clear career paths, and recognising contributions builds a culture of loyalty. Similarly, outsourcing non-core tasks like bookkeeping or IT frees up your team to focus on higher-value work, avoiding burnout and dissatisfaction. 7. The Power of Delegation Carmy tries to do it all in the first season, but he quickly learns that delegation isn’t just helpful—it’s essential. Businesses often fall into the trap of leaders wearing too many hats. Partnering with experts in IT, financial management, or business admin lets you focus on strategic growth while leaving the details to the pros. 8. Manage Crises with Grace From grease fires to near walkouts, Carmy and his team face constant crises. The way they react—remaining calm, communicating clearly, and focusing on solutions—offers a blueprint for business leaders. Whether it’s an IT outage or a financial shortfall, the key is having systems and support in place to manage problems effectively. 9. Transparency Builds Trust In a pivotal moment, Carmy lays everything out for his team—the struggles, the debt, and the hope. Businesses that operate transparently, particularly with financial reporting and decision-making, foster trust among employees, stakeholders, and customers. 10. Listen to the Experts Sydney’s suggestions might initially rub Carmy the wrong way, but he eventually realises her insights are invaluable. Similarly, hiring managed service experts in IT, accounting, or admin gives businesses access to specialised knowledge that can transform operations and identify opportunities for growth. 11. Respect the Grind, But Don’t Lose Yourself Carmy’s relentless drive comes at the cost of his mental health. Business leaders often risk burnout when they don’t prioritise self-care. By outsourcing repetitive tasks like payroll, IT support, or admin, leaders can focus on strategy while maintaining a work-life balance. 12. Small Changes Have Big Impacts Sydney’s tweaks to the menu and Marcus’ obsession with perfecting desserts show how small changes can lead to big wins. Businesses, too, can achieve major efficiency gains through incremental improvements, such as automating financial reporting or adopting CRM software. 13. Own Your Mistakes When things go wrong—whether it’s Sydney walking out or a catering disaster—Carmy takes accountability. Owning mistakes builds credibility and fosters a culture of learning. A transparent review process for financials or IT issues ensures errors don’t become patterns. 14. Culture Eats Strategy for Breakfast Even the best-laid plans fail without a strong culture. Carmy’s journey is as much about creating a team as it is about crafting Michelin-starred meals. Building a collaborative and inclusive workplace culture starts with clear values, open communication, and investing in employee well-being.  15. Plan for the Unexpected The $300,000 tomato cans may be an extreme example, but every business needs a contingency plan. Having cash flow reserves, disaster recovery IT solutions, and adaptable strategies ensures you’re ready for whatever comes your way—whether it’s a supplier shortage or a tech failure. The Bear reminds us that running a business is messy, chaotic, and often thankless – but it’s also an opportunity to create something meaningful. Whether you’re revamping a kitchen or transforming a company’s accounting, IT, and administrative systems, success lies in strategy, adaptability, and a relentless focus on improvement. At the end of the day, business isn’t about perfection - it’s about progress. As Carmy says, “Every second counts.”
August 14, 2024
Every month, the major operating system providers release the list of vulnerability patch updates made to their platforms throughout the month. We summarise them here for you all in one place. Many of these vulnerabilities are classified as allowing remote code execution or elevation of privileges. Essentially this means the vulnerabilities may allow an attacker or malicious software to install software without your knowledge or consent and take actions without you being aware. This could result in key logging, where passwords, credit card details and other data are harvested, use of your device as a "bot" that can be used to attack others, theft of data from your device, and many other malicious activities that you can think of.  Over the last month the following vulnerabilities patches have been released
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